Yemeni investments increase to $149m

25 Dec 2010

(MENAFN) Yemen’s General Investment Authority said that in the first two quarters of 2010, the authority licensed 113 investment projects amounting to $148.7 million, Times of Oman reported.

The authority said that the 113 projects were mainly in the sectors of tourism, agriculture and industry sectors. The industrial sector dominated the list of projects as $35.7bn were invested in the first two quarters of 2010. In second came the tourism sector with $32.9bn worth of projects.

The authority added that this was a part of the government�s attempt to enhance tourism after its declining due to insecurity in the country.

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